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Interest Rate Legal: up to 30% - as provided for by contract Judgment changes yearly. In 2005 - 1% or judgments up to $15,000. On judgments in excess of 415,000, an additional 2% is added to the interest rate.Statute of Limitations Open Acct: 6 Sales of Goods: 4 Written Contract: 6 Domestic Judgment: 20 Foreign Judgment: 20

Interest Rate Judgment: 8.75% (in the absence of a written contract)Statute of Limitations Open Acct: 4 Written Contract: 6 Domestic Judgment: 14

Interest Rate Legal: 18% with agreement, can change up to 6% without an agreementStatute of Limitations There is a 4-year limitation period for varying types of debt. The Statute of limitations begins to run the day after cause of action accrues (Section 16.004(1)(3)).